Question: Using the currency that you will write a report, take a screenshot any time until assignment submission, include to your assignment cal - culation of
Using the currency that you will write a report, take a screenshot any time until assignment submission, include to your assignment cal culation of spread in terms of pips. For example, I took screenshot of USDTRY at : on March thsee next page To access Oanda, I go to google and write Oanda USDTRY. Please do the same thing for your currencies. If you cannot access Oanda for some unknown reason use Reuters again by writing Reuters USDTRY you will see the bids and asks for you own currency. If you cannot access anything, write me I will do it for you. As it is seen below, the ask and bid values are as below: STRYUSD Ask: TRY per USD STRYUSD Bid: TRY per USD The spread is the different between Ask and Bid as This means spread is or pips. If you work as a group, I will have two currency pips if currency report groups are different. You can either use as pip for many currencies except Japanese Yen as as pip. Or just multiple difference by to calculate pips. OUR CURRENY IS CADCANADIAN DOLLAR
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
